Sinotrans

SATS Ltd and Sinotrans to explore strategic projects worldwide

by Payload Asia

SATS Ltd. and China-based air logistics giant, Sinotrans Air Freight Co Ltd have agreed to collaborate on strategic projects in ground and cargo handling services across their respective networks, including setting up of gateway hubs for Sinoair in Singapore, Malaysia, Indonesia, Saudi Arabia, and Belgium. The two companies are also in talks for SATS to manage Sinoair's new e-commerce hub in the Chinese city of Hangzhou, expected to be ready in 2026. Bob Chi, CEO of Gateway Services and Mr. … [Read more...] about SATS Ltd and Sinotrans to explore strategic projects worldwide

Five Chinese partners join Air France KLM’s SAF push

by Payload Asia

New technologies and collaborations amongst stakeholders in air cargo, transport and logistics have created positive optimism in the industry-wide effort towards the use of SAF, and leading airline Air France KLM and its cargo division are certainly in front of this movement. Earlier this week, five Chinese partners from the airline’s East Asia network signed up on its SAF programme, which the airline described ‘reflects China’s commitment to investing in cleaner air and reducing its carbon … [Read more...] about Five Chinese partners join Air France KLM’s SAF push

Sinotrans still profitable but feels slowdown

by Payload Asia

Chinese logistics company Sinotrans Ltd, recently reported a lower first half financial result for 2008, compared to the same period in 2007. The Beijing-based group, pointed to the economic slowdown in the US, combined with rising costs, successive natural disasters and other factors affecting the Chinese economy. Sinotrans’ liner shipping services and a large proportion of its freight forwarding activities are focused on the transpacific and intra- Asian trades. In H1 2008, … [Read more...] about Sinotrans still profitable but feels slowdown